Prime Minister Mostafa Madbouly reviewed operational developments on the Sukari gold mine in a gathering with AngloGold Ashanti, the mine operator. The assembly was attended by Karim Badawi, Minister of Petroleum and Mineral Assets, Hoda Mansour, Managing Director and Vice Chairman of Sukari Gold Mines, and Terry Sturdy, Senior Vice President of AngloGold Ashanti Africa.
Madbouly expressed appreciation for the partnership between the Egyptian authorities and AngloGold Ashanti, based on a press release by the Ministry of Petroleum and Mineral Assets (MoPMR). He confirmed that the 2 events have bold plans to extend gold manufacturing from the mine, a proven fact that requires coordinated efforts between the corporate and all related authorities entities to speed up work and obtain these targets.
Madbouly affirmed his help for any measures geared toward accelerating the tempo of labor on the Sukari mine to attain mutual pursuits for each events. Badawi reviewed the measures being taken by the ministry to help the mining sector.
He mentioned he values the partnership with AngloGold Ashanti, which is among the many world’s 10 largest gold mines and is managed utilizing probably the most superior technological methods, based on the assertion.
In the course of the assembly, Mansour highlighted a number of necessary factors for cooperation with the federal government within the coming interval, which is able to, in flip, contribute to rising the productiveness of the Sukari mine.
“We worth our partnerships with the Egyptian authorities, as our investments in Egypt are exceptionally optimistic, pushed by the sturdy help and dedication we obtain from (the federal government), which contributes to the success of our joint challenge,” mentioned Sturdy.
He added that the corporate is dedicated to making sure that Egypt maximizes the advantages from creating the gold sector by offering job alternatives within the native market and by creating the abilities of employees within the sector.
AngloGold Ashanti began managing the Sukari Gold Mine in November 2024, following the profitable acquisition of the mine’s former operator, Centamin, thus gaining a 50% stake within the three way partnership with the Egyptian Mineral Assets Authority.
